Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced ...

The Hong Kong Monetary Authority has sold over a 100 billion in Hong Kong dollars in the foreign-exchange market this month, as the Hong Kong currency's strength threatens its peg to the U.S. dollar.

(Bloomberg) -- Hong Kong’s de-facto central bank spent more than a billion dollars propping up the city’s currency, as it sought to defend a peg that has been strained by volatility in the greenback.

The Saudi riyal has been under considerable pressure as the price of oil has fallen. Forward prices for one and two years are at their weakest levels, suggesting the Saudi Arabian Monetary Agency ...